this post was submitted on 08 Nov 2024
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AMC Networks Paying $42M For Full Control Of BBC America (deadline.com)
submitted 10 months ago* (last edited 10 months ago) by GreenEngineering3475@lemmy.world to c/business@lemmy.world
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cross-posted from: https://lemmy.world/post/21787336

AMC Networks has rolled up BBC America, paying $42 million in cash for full control of the cable network a decade after making a minority investment.

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[–] njm1314@lemmy.world 3 points 10 months ago* (last edited 10 months ago)

That really doesn't seem like that much on the surface of things, but the more I think about the more I can't really imagine what kind of assets BBC America has. So what are they really buying?